Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Wisconsin Health Insurance Program Participation, Claims on the Rise
Jun 29 2011 // A new report shows more people are joining a Wisconsin state program that provides health insurance for the seriously ill. The Legislative Audit Bureau reviewed the financial status of the Wisconsin Health Insurance...
AXA UK Bans Lawyers’ Referral Fees; Calls for Whiplash Damage Reform
Jun 28 2011 // AXA UK has announced that it will no longer accept referral fees from personal injury lawyers and has issued a call for whiplash injury reform to eliminate fraud within the industry. The announcement noted that the company...
The Top States, Cities for Questionable Insurance Claims
Jun 28 2011 // Five states—California, Florida, Texas, New York and Michigan—generate almost half of all suspicious claims to property/casualty insurance companies, a new report says. These states account for 49 percent of all...
Delays, Financing Risks More Common for Today’s Construction Projects
Jun 27 2011 // While brokers on construction projects have historically focused primarily on owners and contractors, economic uncertainty has created a new focus area — financing entities. In addition to the usual construction risks,...
Jon Palmquist Joins NARS as General Counsel and Director of Field Operations
Jun 27 2011 // Altamonte Springs, Fl, 6/27/11 – North American Risk Services (NARS) has appointed Jon Palmquist to the newly created role of General Counsel and Director of Field Operations. Palmquist has more than 25 years of...
Draft Rules Expand Coverage for 9/11 Worker Claims
Jun 23 2011 // Proposed rules for those who say they were sickened by exposure to toxins at ground zero would cover claims from a wider area around the site in Lower Manhattan. The new draft regulations for the $2.78 billion victim...
Insurers Offer $65.5M Settlement in Louisiana Housing Project Lead Claims Case
Jun 22 2011 // Insurance companies are offering $65.5 million to settle claims that lead in New Orleans’ housing projects hurt children who lived or visited there. Payments would go to people who spent time in the public housing...
Tokyo Electric Power Facing $1.1 Billion in Mental Distress Claims
Jun 22 2011 // Tokyo Electric Power estimates it will have to pay 88 billion yen ($1.1 billion) in compensation for mental distress caused to people who were forced to leave their homes after the March quake and tsunami sparked a crisis...
New Director of Transportation Claims Joins North American Risk Services
Jun 22 2011 // Altamonte Springs, FL, 6/22/11 – Timothy Kirk joins North American Risk Services (NARS) in the newly created role, Director of Transportation Claims. Kirk brings more than 30 years of experience in the insurance...
4 Things Agents Should Do to Avoid E&O Claims
Jun 21 2011 // After handling insurance coverage claims for years, a distinct pattern has emerged: sometimes the insurance agent gets “caught in the middle” of a dispute between the policy holder and the insured. Often,...
Minnesota Workers’ Comp Claims Decrease
Jun 21 2011 // Minnesota workers’ compensation claims have fallen 44 percent relative to the number of employees from 1997 to 2009, according to the Minnesota Department of Labor and Industry (DLI). According to the “2009...
BP Reaches Deal with Weatherford Over Gulf Oil Spill Costs
Jun 21 2011 // BP has reached agreement with Weatherford U.S., L.P. to settle potential claims between the companies related to the Deepwater Horizon accident. Under the agreement, Weatherford, which manufactured the float collar used in...
Aspen Names O’Hara as Marine Claims Exec
Jun 21 2011 // Aspen U.S. Insurance has appointed Jonathan O’Hara senior vice president of marine claims. He has over 20 years of marine insurance claims and subrogation experience. He began his career in London with WK Webster...
Pennsylvania Woman’s Lawsuit Claims Dunkin’ Brew is Too Sweet
Jun 20 2011 // A Dunkin’ Donuts employee mistakenly put sugar rather than artificial sweetener into a diabetic woman’s coffee, triggering a reaction that sent the woman to the hospital, according to a civil lawsuit filed...
People
Jun 20 2011 // Iowa-based United Fire & Casualty Co. announced new executive appointments and the election of four new directors for full terms on its 12-member board. Denver Regional Office Underwriting Manager Jolene Grow was...
For Construction Projects, Delays and Financing Risks More Common as Economy and Industry Continue to Struggle
Jun 20 2011 // While brokers on construction projects have historically focused primarily on owners and contractors, economic uncertainty has created a new focus area – financing entities. In addition to the usual construction...
Loophole in Missouri Law Puts Employers at Risk for Occupational Disease Lawsuits
Jun 20 2011 // Employee Lawsuits Are Expected to Increase Missouri employers, including small- and mid-sized companies, should be aware of a loophole in Missouri law putting companies at risk for lawsuits filed by current and former...
Brokers See No Change in Sight for Apartment Market
Jun 20 2011 // Rates Remain Competitive Despite Fewer Carriers, More Catastrophe Losses For apartment owners, the insurance market remains as competitive as it gets. Despite the sometimes heavy exposures that encompass the habitational...
People
Jun 20 2011 // Austin, Texas-based Texas Medical Liability Trust (TMLT) announced that Charles R. (Chip) Ott Jr. will assume leadership of TMLT as president and CEO in late July. He will replace current President and CEO Bob R. Fields,...
Massachusetts Tornado Claims Now Up to $140 Million
Jun 17 2011 // The financial toll from tornadoes that ravaged Springfield and several smaller communities has risen dramatically. The state’s Division of Insurance estimated Thursday that residents have filed 8,200 insurance claims...
